GOLD SHOWING A GOOD UP MOVE WITH 1:7 RISK REWARDGOLD SHOWING A GOOD UP MOVE WITH 1:5 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Goldprediction
Gold Trading Strategy for 6th January 2025Gold Trading Strategy
Key Levels:
Buy Above: The high of the 1-hour candle that closes above 2648
Sell Below: The low of the 15-minute candle that closes below 2631
Targets:
Upside Targets: 2655, 2665, 2680
Downside Targets: 2632, 2616, 2609
Strategy Details:
Buy Signal: Enter a buy position above the high of the 1-hour candle that closes above 2648, aiming for targets of 2655, 2665, and 2680.
Sell Signal: Enter a sell position below the low of the 15-minute candle that closes below 2631, aiming for targets of 2632, 2616, and 2609.
Trailing Stop-Loss: Use a trailing stop-loss to manage risk and protect your capital.
Book Profits: Regularly book profits at the specified resistance and support levels.
Disclaimer:
This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
Gold trading Strategy for 3rd January 2025Trading Strategy
Buy Condition Entry Point:
Buy above the high of the 15-minute candle that closes above 2662. Ensure that the candle has fully closed before entering the trade to confirm the breakout.
Targets: Target 1: 2670, Target 2: 2680, Target 3: 2699
Stop-Loss: Place your stop-loss below the low of the breakout candle or below a recent support level, depending on your risk tolerance.
Sell Condition Entry Point:
Sell below the low of the 1-hour candle that closes below 2647. Ensure that the candle has fully closed before entering the trade to confirm the breakdown.
Targets: Target 1: 2636, Target 2: 2627, Target 3: 2621
Stop-Loss: Place your stop-loss above the high of the breakdown candle or above a recent resistance level, depending on your risk tolerance.
Important Notes on Stop-Loss and Trailing Stop-Loss:
Protect Your Capital:
Always use a stop-loss to protect your trading capital from significant losses. Never trade without a predetermined stop-loss level.
Secure Profits:
As the trade moves in your favor and reaches the first target, consider moving your stop-loss to breakeven. For additional targets, use a trailing stop-loss to lock in profits while allowing the trade to run further. This can be done manually or by setting a dynamic trailing stop in your trading platform.
Disclaimer:
Risk of Trading:
Trading in financial markets involves significant risk and may not be suitable for all investors. Losses can exceed your initial investment.
Educational Purposes Only:
The strategies provided above are intended for educational purposes and should not be interpreted as financial or investment advice.
No Guarantees:
Past performance is not indicative of future results. There is no guarantee that the strategies mentioned will result in profits or avoid losses.
Due Diligence Required:
Always perform your own analysis before entering a trade. It is essential to understand the technical and fundamental factors influencing the market.
Seek Professional Advice:
Consult with a licensed financial advisor or trading professional to ensure your trading activities align with your financial goals and risk tolerance.
Use Risk Capital:
Only trade with funds you can afford to lose. Avoid using money allocated for essential living expenses.
One more SHORT plan with XAUUSD - GOLD on TF M15It's Xmas day so that the Volumn of Market is week --> so that the price is very slow
But with the Cloud Trending System I saw some good signals to make a SHORT sell plan for GOLD OANDA:XAUUSD today.
On M15 Time Frame:
I saw a "Confirmed downtrend signal"
I saw a Downtrend Market Structure : LOWER HIGH
I saw downtrend on main trend of 4 time frames: H4-H1-M30-M15
Specially, I also saw a "Break down follow trend" signal on M15 Cloud Trending Chart
So I make one more SHORT SELL plan for GOLD XAUUSD today with Entry zone = 2616-2617
Stoploss = Trailing Stoploss (a Pink color line above the cloud)
Target 1 = about 2608
Target 2 = about 2598
============
Another: Check this plan yesterday : still running....
XAUUSD wave countxauusd in corrective wave ABC
of which wave A ended at 2536
wave B ended near 2726
and wave C down in progress expected to move in form og zigzag waves 1-2-3-4-5
till now low made near 2583
moving inside the channel where middle line acting as support.
XAUUSD sell on rise mode.
Disclaimer : views presented here are for educational purpose and not a trading advice
Gold Trading Strategies for 23rd December 2024Gold Trading Strategies
Strategy 1: Breakout Strategy
Buy Above: Enter a buy position above the high of the 15-minute candle that closes above 2636.
Upside Targets: 2650, 2665, 2680
Sell Below: Enter a sell position below the low of the 15-minute candle that closes below 2611.
Downside Targets: 2600, 2587, 2570
Strategy 2: Support Zone Buy Strategy
If the price trends lower from 2625:
Buy Between: 2610-2616
Stop Loss: 2604
Targets: 2625, 2635, 2650
Strategy 3: Resistance Zone Sell Strategy
If the price trends higher from 2623:
Sell Between: 2635-2645
Stop Loss: 2655
Targets: 2625, 2615, 2600
Summary:
Breakout Strategy: Utilizes the breakout levels of 2636 for buying and 2611 for selling based on the 15-minute candle close, with defined upside and downside targets.
Support Zone Buy Strategy: Focuses on buying in the support zone of 2610-2616 with a stop loss at 2604, targeting 2625, 2635, and 2650.
Resistance Zone Sell Strategy: Targets selling in the resistance zone of 2635-2645 with a stop loss at 2655, aiming for targets of 2625, 2615, and 2600.
These strategies provide a comprehensive approach to trading gold, incorporating different market conditions and defined targets.
This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
Gold Trading Strategy for 20th December 2024Trading Strategy
Key Levels:
Buy Above: The high of the 15-minute candle that closes above 2606
Sell Below: The low of the 15-minute candle that closes below 2583
Support and Resistance Levels:
Resistance: 2616, 2634, 2652
Support: 2573, 2555, 2530
Strategy Details:
Buy Signal: Enter a buy position above the high of the 15-minute candle that closes above 2606.
Sell Signal: Enter a sell position below the low of the 15-minute candle that closes below 2583.
Trailing Stop-Loss: Use a trailing stop-loss to manage risk and protect your capital.
Book Profits: Regularly book profits at the specified resistance and support levels.
Additional Tips:
Monitoring: Continuously monitor the 15-minute chart for clear buy or sell signals.
Risk Management: Always use stop-loss orders to manage risk and protect your capital.
Market Conditions: Stay updated on market news and events that could impact prices.
Disclaimer:
This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
Gold Trading Strategy for 19th December 2024Gold Trading Strategy
Key Levels:
Buy Above: The high of the 15-minute candle which closes above 2613
Sell Below: The low of the 15-minute candle which closes below 2580
Strategy Details:
Buy Signal: Enter a buy position above the high of the 15-minute candle that closes above 2613.
Sell Signal: Enter a sell position below the low of the 15-minute candle that closes below 2580.
Disclaimer:
This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
Gold Trading Strategy for 18th December 2024Gold Trading Strategy
Key Levels:
Buy Above: The high of the candle which closes above 2665 on a 15-minute chart
Sell Below: The low of the candle which closes below 2632 on a 15-minute chart
Targets:
Upside Targets: 2680, 2692
Downside Targets: 2618, 2605
Strategy Details:
Buy Signal: Enter a buy position above the high of the candle that closes above 2665 on a 15-minute time frame, targeting 2680 and 2692.
Sell Signal: Enter a sell position below the low of the candle that closes below 2632 on a 15-minute time frame, targeting 2618 and 2605.
Additional Tips:
Monitoring: Continuously monitor the 15-minute chart for clear buy or sell signals.
Risk Management: Always use stop-loss orders to manage risk and protect your capital.
Market Conditions: Stay updated on market news and events that could impact gold prices.
Disclaimer:
This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
Gold Trading Strategy for 17th December 2024Gold Trading Strategy
Key Levels:
Buy Above: The high of the candle which closes above 2665 on a 15-minute chart
Sell Below: The low of the candle which closes below 2643 on a 15-minute chart
Targets:
Upside Targets: 2675, 2686, 2693
Downside Targets: 2630, 2619, 2605
Strategy Details:
Buy Signal: Enter a buy position above the high of the candle that closes above 2665 on a 15-minute time frame, targeting 2675, 2686, and 2693.
Sell Signal: Enter a sell position below the low of the candle that closes below 2643 on a 15-minute time frame, targeting 2630, 2619, and 2605.
Additional Tips:
Monitoring: Continuously monitor the 15-minute chart for clear buy or sell signals.
Risk Management: Always use stop-loss orders to manage risk and protect your capital.
Market Conditions: Stay updated on market news and events that could impact gold prices.
Disclaimer:
This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
GOLD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARDGOLD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Gold Trading Levels for 09th December 2024Gold Trading Levels and Analysis
Gold has been consolidating for the past week, indicating a potential breakout is imminent.
Here are the key levels and details:
Buy Setup
Entry: Buy above 2,643 if the price breaks and closes above this level, signaling an upward breakout.
Targets:
2,700-2,710
Stop Loss: Below the low of the breakout candle for risk management.
Sell Setup
Entry: Sell below 2,624 if the price breaks and closes below this level, signaling a downward breakout.
Targets:
2,560-2,550
Stop Loss: Above the high of the breakdown candle.
Market Context
Gold has been trading in a tight range, creating pressure for a potential breakout in either direction. This week’s market movement could determine the direction, so watch for the key levels closely.
Disclaimer
The above analysis is provided for educational purposes only and is not intended as financial or investment advice.
Trading in commodities carries risk, and past performance is not indicative of future results.
Please perform your own research or consult a certified financial advisor before making any trading decisions.
Always trade responsibly and use proper risk management techniques.
Gold - SellI am expecting larger fall in Gold for following reasons. 1) China discovery of large Gold reserve, 2) US asking Ukrain to stop its actions and war with Russia. with out US support Ukrain can not fight with Russia any more. France facing internal Issues and Nato with out US can not support Ukrain to fight any further against Russia. 3) chart is reflecting end of bull run for Gold and this will not be small correction but once Gold becomes bearish more sell off will make Gold to see great low levels. Gold is not going to be safe investment anymore. world is changing. Grow up and Book Profits in Gold asap. Even if Gold may or may not fall as i am suggesting I do not see another new ATH for sure in medium term.
Gold Trading Strategy for 5th December 2024Gold has been consolidating within a narrow range of 2605 to 2670 over the past five days. This suggests that the market is in a period of indecision, with neither buyers nor sellers able to push the price decisively in one direction. Typically, such consolidation periods are followed by significant moves once the price breaks out of the established range.
Trading Strategy:
Buy Strategy:
Entry Point: Initiate a long position (buy) when the price closes above 2670 on a 15-minute candle. This indicates a potential breakout to the upside.
Stop Loss: Set a stop loss slightly below the breakout point to manage risk. For instance, a stop loss could be placed at 2655, just below the recent consolidation range.
Target: Identify target levels based on historical resistance levels or use a risk-reward ratio of at least 2:1. For example, if the stop loss is 15 points away (2655), then the target could be 30 points above the entry (2700).
Sell Strategy:
Entry Point: Initiate a short position (sell) when the price closes below 2630 on a 15-minute candle. This indicates a potential breakdown to the downside.
Stop Loss: Set a stop loss slightly above the breakdown point. For example, a stop loss could be placed at 2645.
Target: Similar to the buy strategy, set target levels based on historical support levels or use a risk-reward ratio of at least 2:1. If the stop loss is 15 points away (2645), then the target could be 30 points below the entry (2600).
Risk Management:
Always use stop losses to protect your capital. Never risk more than a small percentage of your trading capital on a single trade.
Consider the overall market context and any upcoming economic events that could impact gold prices.
Market Context:
Keep an eye on factors influencing gold prices such as interest rates, inflation data, and geopolitical events. These can cause significant volatility and may impact your trading strategy.
Disclaimer: Trading in financial markets involves substantial risk of loss and is not suitable for every investor. The strategies and opinions expressed are those of the author. Users should perform their own research and consult with a financial advisor before making trading decisions. Past performance is not indicative of future results.
Trade wisely and stay informed! 📈💡
Gold trading strategy for 04th December 2024Gold has been consolidating within a narrow range of 2605 to 2670 over the past five days. This suggests that the market is in a period of indecision, with neither buyers nor sellers able to push the price decisively in one direction. Typically, such consolidation periods are followed by significant moves once the price breaks out of the established range.
Trading Strategy:
Buy Strategy:
Entry Point: Initiate a long position (buy) when the price closes above 2670 on a 15-minute candle. This indicates a potential breakout to the upside.
Stop Loss: Set a stop loss slightly below the breakout point to manage risk. For instance, a stop loss could be placed at 2655, just below the recent consolidation range.
Target: Identify target levels based on historical resistance levels or use a risk-reward ratio of at least 2:1. For example, if the stop loss is 15 points away (2655), then the target could be 30 points above the entry (2700).
Sell Strategy:
Entry Point: Initiate a short position (sell) when the price closes below 2630 on a 15-minute candle. This indicates a potential breakdown to the downside.
Stop Loss: Set a stop loss slightly above the breakdown point. For example, a stop loss could be placed at 2645.
Target: Similar to the buy strategy, set target levels based on historical support levels or use a risk-reward ratio of at least 2:1. If the stop loss is 15 points away (2645), then the target could be 30 points below the entry (2600).
Risk Management:
Always use stop losses to protect your capital. Never risk more than a small percentage of your trading capital on a single trade.
Consider the overall market context and any upcoming economic events that could impact gold prices.
Market Context:
Keep an eye on factors influencing gold prices such as interest rates, inflation data, and geopolitical events. These can cause significant volatility and may impact your trading strategy.
Disclaimer: Trading in financial markets involves substantial risk of loss and is not suitable for every investor. The strategies and opinions expressed are those of the author. Users should perform their own research and consult with a financial advisor before making trading decisions. Past performance is not indicative of future results.
Trade wisely and stay informed! 📈💡
Gold Trading Strategy for 03rd December 2024.Buy: When the price of gold is above 2652 on the close of a one-hour candle. Sell: When the price of gold is below 2624 on the close of a one-hour candle.
Current Price: 2639
Support Levels: 2634 | 2624 | 2618 Resistance Levels: 2643 | 2661
Disclaimer: This strategy is for informational purposes only and should not be considered financial advice. Trading involves risk, and you should do your own research or consult with a financial advisor before making any investment decisions.
Gold Trading Strategy for 02nd December 2024Gold Trading Strategy
Buying Strategy:
Buy Trigger: Initiate a buy order if the price closes above the high of the candlestick at 2661. This suggests a potential upward momentum.
Support Levels:
2632: A minor support level where the price might find temporary support.
2617: A stronger support level, indicating a possible reversal or consolidation zone.
2574: A major support level, suggesting a significant buying interest at this price.
Selling Strategy:
Sell Trigger: Initiate a sell order if the price closes below the low of the candlestick at 2646. This suggests a potential downward momentum.
Resistance Levels:
2682: A minor resistance level where the price might face temporary resistance.
2705: A stronger resistance level, indicating a possible reversal or consolidation zone.
2725: A major resistance level, suggesting significant selling interest at this price.
Disclaimer:
This analysis is provided for informational purposes only and should not be construed as financial advice. Trading involves risk, and you should perform your own research or consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
Gold Trading Strategy for 29th November 2024Gold Trading Strategy
Based on your updated strategy:
Buy above 2650
Sell below 2620
Current price: 2637.600
Factors to Consider
Market Trends: Monitor recent market trends, including global economic conditions, geopolitical events, and market sentiment.
Economic Indicators: Key indicators such as inflation rates, interest rates, and the strength of major currencies (especially the US dollar) can significantly impact gold prices.
Supply and Demand: Fluctuations in gold's supply (e.g., mining output) and demand (e.g., jewelry, industrial use, and investment) influence prices.
Central Bank Reserves: Central banks buying or selling gold can affect market dynamics. More purchases typically push prices higher.
Technical Analysis: Utilize chart patterns, support and resistance levels, and technical indicators like moving averages to identify potential trading opportunities.
Example Analysis
Given the current price of 2637.600:
Buying above 2650: If the price exceeds 2650, it may suggest bullish momentum, potentially driven by factors such as economic uncertainty or increased investment demand.
Selling below 2620: A decline below 2620 might indicate bearish sentiment, possibly due to stronger economic data or rising interest rates.
Disclaimer
Trading in financial markets involves significant risk and can result in the loss of your invested capital. It is crucial to conduct thorough research and consult with a financial advisor to understand the risks and develop a sound strategy.
Interested selling zone in Gold (XAUUSD)In recent days, a great selling move was seen in gold, which we have already discussed. If seen from the current point of view, there is a high chance of selling coming from this zone. After displacement , a best trade will be made from here on the down side .